Should investors sell in May and go away?

12:32 AM,
Apr. 17, 2013

Traders work the floor at the New York Stock Exchange.

Written by

Matt Krantz
Gannett

A : Investors sitting on big stock gains this year are probably already eagerly waiting for May 1 to arrive. And for good reason.

"Sell in May and go away" is an old saw on Wall Street, which states that investors are best off getting out of the market May 1 and staying out until the end of October. This old adage, for whatever reason, is widely followed in part because it does seem to work, including in recent years. ...